Apple Introduces iPhone 5

Credit: AFP/Getty Images

Apple's new iPhone 5 is on display on September 12, 2012 in SanFrancisco, California. Apple on Wednesday introduced its new iPhone 5 -- a lighter, thinner and more powerful version of its iconic mobile device, staking its claim to leadership in the red-hot smartphone market. Apple chief executive Tim Cook called the launch "the biggest thing to happen to iPhone since the iPhone." AFP PHOTO/GLENN CHAPMAN (Photo credit should read GLENN CHAPMAN/AFP/GettyImages)